NEW YORK — Sears is considering selling its Canadian operations as the retailer looks for ways to prop up its sagging business.

The retailer, which operates its namesake stores and Kmart locations, said that it's looking at strategic options for its 51 percent interest in Sears Canada. The Hoffman Estates, Illinois-based company said this includes the possible sale of its stake or possibly the entire Sears Canada operation.

Sears Canada's board and management plan to cooperate with Sears Holdings as it explores strategic alternatives.